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Formerly TwitterCointelegraph
Cointelegraph
Bitcoin’s testnet should be reset so it can remain free to use for developers, says #Bitcoin software engineer @lopp. pic.twitter.com/mlUN2GeXjT
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Cointelegraph
Cointelegraph
Over 1 billion transactions have now been processed on #Bitcoin, 15 years and four months after Satoshi Nakamoto mined the first block. pic.twitter.com/O1vXoGUhdG
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glassnode
glassnode
We can use the ratio between the spot price and each cohort cost-basis via the #Bitcoin MVRV ratio to gauge the typical deviations during corrections.
The following chart shows that the MVRV (1w-1m) ratio usually drops into the 0.9-1 range during the bull market pullbacks. This… pic.twitter.com/8dRk82JUar
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glassnode
glassnode
Using NUPL, we can identify the classic Euphoria phase of a bull market where unrealized profits surpass more than half the market capitalization size (NUPL > 0.5).
In the 2020-21 cycle, this phase was triggered 8.5 months after the #Bitcoin halving, and saw sustained upside for… pic.twitter.com/slGR732sKr
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